Homegrown start-ups like UrbanClap and AtHomeDiva will now have to compete with the global e-commerce giant. Anita Babu reports.
The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
The government's move to set up a regulator for the coal sector would help bring in transparency, encourage exploration and enhance quality of the dry fuel, India Inc said on Friday.
Experts say the tighter share buyback norms will help ensure only companies with clean intentions come to the market.
On Tuesday, Novartis agreed to buy GSK's oncology products business for $14.5 billion, while selling its vaccines business, excluding flu, to GSK for $7.1 billion.
The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.
Enforcement Directorate has issued summons for appearance to Sanjeev Tyagi, cousin of former IAF chief S P Tyagi, in connection with its money laundering probe into the Rs 3,600 crore AgustWestland VVIP helicopter deal.
Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31
There will be a review of employee compensation arrangement in the light of the new rules.
Enforcement Directorate on Thursday questioned former Indian Air Force Air Marshal Gautam Nayyar in connection with its money laundering probe in the multi-crore AgustaWestland VVIP helicopter deal.
"Everybody knows in this country that I charge only the rich, but for poor people I do work free and the poor people are about 90 per cent of my clientele," he said.
E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.
Vadra was directed by a Delhi court to cooperate with the investigation being carried out by the central probe agency after he knocked on its door seeking anticipatory bail in this case.
Besides the SAD, the SP, the AIADMK and the TRS supported the idea; while the AAP, the TDP, the JD-S, the AIFB, the DMK, the TMC, the GFP and Left parties opposed it.
Terming the rise in October retail inflation despite a bumper crop as "disturbing", India Inc said the government must immediately address supply side bottlenecks to bring down the consumer price inflation.
Attorney General Mukul Rohtagi is representing the government.
Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
The Department of Telecom has worked out a one-time spectrum charge of over Rs 2,060 crore to be levied from operators for the period they remained in business after their licences were cancelled in February last year, sources said.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
A special court on Monday issued non-bailable warrants against two Italian nationals who were alleged middlemen in Rs 3,600-crore VVIP chopper deal case after ED said they were required to be interrogated to ascertain the money trail.
'When a company goes into insolvency, by definition it means that existing shareholders have been wiped out.'
A special court on Saturday issued fresh summons against three accused in a money laundering case related to the Rs 3,600 crore VVIP chopper deal in which it had earlier issued an open-ended non-bailable warrant against British national and alleged middleman Christian Michel James.
A large number of large and small businesses process EU data, have customers from the EU or have access to data of EU citizens in one way or another.
Only 300 assessees came forward with disputed tax liabilities amounting to Rs 10,000 crore
The Goa police on Friday arrested four employees of the store.
The top posts on social media from your favourite Bollywood celebrities.
The agency questioned him on various aspects of the case including his alleged links with middlemen, his alleged trips to Italy, reasons behind changing specifications, and relations with his cousins on Monday, the sources said.
In further escalation of infighting, Aam Aadmi Party dissident leaders Prashant Bhushan and Yogendra Yadav on Friday mounted a no-holds-barred attack on party chief Arvind Kejriwal, accusing him of stifling internal democracy and adopting unfair means to capture power.
Horror, drama, romance and action... it's all on your plate this year!
Overnight, the Wall Street closed on a flatter note.
The Stayzilla episode raises questions over the regulations around the closure of a business, says Sudipto Dey.
Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders
It takes nearly four years on an average to resolve a commercial dispute in India, making the country the world's third worst place on this front.
'Start Ups have to be really careful of the kind of talent they bring in, and the tone and culture they set.' 'It's absolutely crucial that the people we hire are motivated go-getters who can align with the company's long-term goals, culture and values.'
What's the mantra for reviving ghost malls? Most important, a right mix of products. They also need to transform into community spaces.
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Raghuram Rajan, who took over as RBI Governor on September 4, is scheduled to unveil on Friday mid-quarter monetary policy review, an event keenly awaited by industry and banks.
US trade body says, India's business climate is improving due to economic reforms.
Tinesh Bhasin explores the limitations of rights granted to homebuyers under the Insolvency and Bankruptcy Code.
The top posts on social media from your favourite Bollywood celebrities.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
